- Report: #818483
Report - Rebuttal - Arbitrate
Complaint Review: Genesis Financial Solutions
Genesis Financial Solutions8405 SW Nimbus Ave, Suite A Beaverton, Oregon United States of America
Genesis Financial Solutions 1st Offence 11/15/2007 Ripoff on old Credit Card Acct. Now ACH my checking account Beaverton , Oregon
1ST OFFENSE BY GENESIS.......SCAM PLUS!!!!
I received a letter/contract agreement back on 11/18/2007 from Genesis Financial Solutions offering a Pearl Gold Mastercard to settle a credit card debt of First Consumers National Bank that had been charged off for only 1/2 of the total amount that had been charged off. Thinking this would be a chance to repair some of my credit, I STUPIDLY accepted the offer in January of 2008 and have continuted to pay on it every month through this month January 2011. I didn't make the minimun payments I doubled it and authorized them to take ACH payments from my checking account.
1) Even though I have faithfully paid every month, it has done nothing but lower my credit rating. I am reporting them to FCRA and FDCPA. Their actions are outrageous.
2) I dug up my credit reports reflecting the FCNB account and this account has a ZERO BALANCE going back to 1998.
3) They effectively reaged this debt.
4) I have never used the MasterCard they issued and never will.
I don't know what the attorney will say yet, but I will be speaking with one.
Beware and know the statute of limitations on all of your debts.
This report was posted on Ripoff Report on 01/05/2012 01:29 PM and is a permanent record located here: http://www.ripoffreport.com/r/Genesis-Financial-Solutions/Beaverton-Oregon-97008-7185/Genesis-Financial-Solutions-1st-Offence-11152007-Ripoff-on-old-Credit-Card-Acct-Now-AC-818483. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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